Silicon Valley Bank reviews

4.0

75% would recommend to a friend

(1,428 total reviews)
avatar

Marc Cadieux

81% approve of CEO

53% positive business outlook

Silicon Valley Bank has an employee rating of 4.0 out of 5 stars, based on 1,428 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Silicon Valley Bank employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

1K reviews
3.0
Jan 19, 2018

A Mixed Bag

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Large company with many business lines and divisions provides great networking and learning opportunities. Good employee engagement events at offices outside of corporate HQ. I ended up in a division with poor management but would highly recommend other groups to potential employees.

Cons

Antiquated IT systems make it hard to keep up with industry peers. Benefits are good but salary is not competitive. Career paths are unclear and there's a lot of HR red tape - it's demoralizing when a promotion is announced but takes six months to actually materialize and doesn't come with a raise. Management sets lofty goals for business lines, but managers fail to help translate these into tangible goals for individual contributors.

3.0
Jan 13, 2018

Associate

Recommend
CEO approval
Business Outlook

Pros

The company has a great reputation in Silicon Valley and has access to the most interesting and high-profile tech start-ups, which means deal-flow and engagements are top-notch. The people are also very bright and talented.

Cons

As much as SVB tries to guise itself as this leading-edge, innovative bank that is changing the world and growing the "innovation ecosystem," the culture and day-to-day is equivalent to a traditional bank. The infastructure and systems are dated, innovation and change is almost frowned upon, and the culture is unhealthy and toxic (it's all about playing the politics game and kissing a** in order to get a promotion). It is also VERY bureaucratic. Lastly, the pay is absolutely horrendous, especially in San Francisco. Everyone at SVB knows they're underpaid by about 10-20% compared to the market average, however, most accept a lower compensation package in hopes of increasing their exit opportunities in 2-4yrs (some folks do go on to prominent VC firms). Overall, would not rec'd working at SVB.

4.0
Jan 12, 2018
Recommend
CEO approval
Business Outlook

Pros

Great Culture and People, great location.

Cons

Inexperienced Managers, new location in SF is not as nice.

Viewing 1159 - 1161 of 1,428 Reviews

Glassdoor has 1,637 Silicon Valley Bank reviews submitted anonymously by Silicon Valley Bank employees. Read employee reviews and ratings on Glassdoor to decide if Silicon Valley Bank is right for you.